How Dafuck Hive Blog Monetization Works?

in #hive2 years ago (edited)

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If you talk with people about hive blog, its common that they get in doubt about the economy mechanics... And even gonna wonder if its a ponzi. So, I'll just resume info from the hive whitepaper on how monetization of bloggers/curators works:

"V.6. Distributing Rewards
The reward pool is used to distribute funds to those who actively participate in creation and/or curation of content.
The funding for the reward pool is composed out of 65% of the inflation."

I asked in peakd discord, and they told it was around 8% of total supply issued by year. I thought to be a very good idea to incentize production and scale while isn't much that would dilute everyone...

The others 35% from the 8% issued goes to:
(from what I got told in hive engine discord)

15% -> Witnesses
10% -> DHF - Decentralized Hedge Fund (Yah know, the hive voted proposes tab)
10% -> Vested.

Idk if all vested is locked/burned though.

Thats it, just an info that I didn't see diffuse around.

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Yep, thanks for those info!